Vermaland turns $112,000 land investment into $20 million profit

3February 2021

Vermaland, a leading Phoenix-based land banking and development company, announced today that the company has sold $1 million in residential lots in the past few months in Sonoran Ridge Estates, a high-end custom home, gated community situated against the White Tank Mountains. Sonoran Ridge Estates was originally concepted in 1995, when Kuldip Verma, CEO and founder of Vermaland purchased 320 acres at the foot of the White Tank Mountains for $112,000 down and a seller!

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